This article provides information about the knowledge economy with its distinctive features: In knowledge economy economic wealth is predominantly produced by using knowledge. Indeed it is an emerging society whose economic base is widely shaped by the processes of generation, dissemination and exploitation of knowledge.
Category: Economics
Economy: Essay on Knowledge Based Economy
This essay provides information about the Economy: Essay on Knowledge Based Economy ! The post-industrial information society knowledge and information are the major sources of productivity and growth. The Asia-Pacific Economic Co-operation (APEC) Economic Committee extended this idea to state that in a knowledge based economy “the production, distribution and use of knowledge are the… Continue reading Economy: Essay on Knowledge Based Economy
GATS Implications on Various Aspects of Social Development
GATS has several implications on various aspects of social development, especially in the health and education sectors: Health: The health sector has a high degree of government involvement in the developing countries, as it is an area of immediate social concern.